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they've avoided the tobin taxes financial transaction tax they have now reconsolidate their power i don't think anything has happened in this country to stem the power of the banks in fact quite the opposite they've got away with it they've got away with one of the pick is kind of financial crimes in human history london is now one of the three command centers of the global economy that wouldn't have been possible without the city of london germany's a much more powerful economy than the british economy but they haven't got any pockets of undemocratic nepotistic rule which is untouched by the german government so lord glasman morris glassman has long argued for for the rest of london the whole of london to be incorporated the city of london has always resisted expansion to allow the rest of london to be part of it so we are right now and people living in london are actually living in the city of london you call the city of long. some corporation and undemocratic pocket within london as a whole other any of the borrowers in the u.k. that are this similar type of exception to the gene
they've avoided the tobin taxes financial transaction tax they have now reconsolidate their power i don't think anything has happened in this country to stem the power of the banks in fact quite the opposite they've got away with it they've got away with one of the pick is kind of financial crimes in human history london is now one of the three command centers of the global economy that wouldn't have been possible without the city of london germany's a much more powerful economy than the...
SFGTV: San Francisco Government Television
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May 21, 2012
05/12
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SFGTV
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the third we looked at his business taxes. business taxes are third for a reason. we seem to have the highest business tax burden in the bay area, but when you look at the differences of tax payments verses what date paid in labor or office space, there is no comparison. supervisor cohen: are you specifically talking about payroll tax only? >> yes. it is true that businesses pay a lot of other taxes, but this is just comparing our payroll tax which is what is generally a gross receipts tax. those are three cost factors -- housing price, labour, office space differences and taxes. it creates a situation within which there are substantial cost differences being in san francisco and other places. it is important that the city make decisions and these are relatable to policy decisions this city makes. be mindful of the economic development strategy and having a more balanced process of economic growth across the city. industries like technology are able to succeed despite the high labor costs. there is some information that labor costs are actually lower here than they
the third we looked at his business taxes. business taxes are third for a reason. we seem to have the highest business tax burden in the bay area, but when you look at the differences of tax payments verses what date paid in labor or office space, there is no comparison. supervisor cohen: are you specifically talking about payroll tax only? >> yes. it is true that businesses pay a lot of other taxes, but this is just comparing our payroll tax which is what is generally a gross receipts...
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Sep 24, 2012
09/12
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WJLA
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about 14% in taxes last year. what impact, if any, will that have on the race? that started with a discussion earlier tonight. >> i think it plays into the narrative of mitt romney where campaign says he does understand the struggles of average falls, but he has a tax rate than most folks pay. s making allhe i money, he does not get it. sharenot paying his fair he does not understand the economic struggles most folks are facing. he paid 14.1% in tax returns. he mentioned the 47% last week. and another percentage in ohio, virginia, and colorado, although these battleground states. going updent is percentage points. seeing a turning point. >> the race is heartening. seen the disagreement and the flash points. g more of the same. we are seeing them pounds on other on issues. mitt romney not being able to identify with average voters. mitt romney writing off large parts of america. obama, from mitt romney's being able toot on his promises. he admitted in an interview that thought toer than he make change in washington
about 14% in taxes last year. what impact, if any, will that have on the race? that started with a discussion earlier tonight. >> i think it plays into the narrative of mitt romney where campaign says he does understand the struggles of average falls, but he has a tax rate than most folks pay. s making allhe i money, he does not get it. sharenot paying his fair he does not understand the economic struggles most folks are facing. he paid 14.1% in tax returns. he mentioned the 47% last...
WHUT (Howard University Television)
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Nov 14, 2012
11/12
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WHUT
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to cut tax cuts and loopholes. they would not secure sufficient revenue but it is important that the opposition is willing to allow some tax increases. >>> now let's get a check on the markets. first the currency. the dollar rose against the yen to one week high level to around 80 yen. that's after the prime minister noted he may dissolve the lower house this week. >>> the dollar yen currently changing hands at 80.06 to 11. the euro is also gaining ground against the yen. it's changing hands at 102.01-04. noda's comments led to market players to sell the yen. here is a look at the stock markets in the asian pacific region. stock prices are mostly higher but gains are capped by concerns about the looming fiscal cliff in the u.s. and caution ahead of the official announcement of china's new leaders. >>> and taking a look at the major benchmarks in europe. london's ftse 100 is down by 1%. in paris the cac 40 is down by .30%. that's all now in business news. i'll leave you now with a recap of market figures. >>> clear
to cut tax cuts and loopholes. they would not secure sufficient revenue but it is important that the opposition is willing to allow some tax increases. >>> now let's get a check on the markets. first the currency. the dollar rose against the yen to one week high level to around 80 yen. that's after the prime minister noted he may dissolve the lower house this week. >>> the dollar yen currently changing hands at 80.06 to 11. the euro is also gaining ground against the yen. it's...
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Aug 13, 2012
08/12
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WBAL
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lawmakers are considering a new commuter tax that would start taxing those that live in another state and work in d.c. one representative is strongly against the attack. officials say the tax could generate more than $1 billion in revenue each year. >> well, it has turned out to be a pleasant day. much lower humidity is a big part of that. currently 83 degrees at bwi. the humidity down to about 42%. winds calm. high pressure in control. expected temperatures in the mid-80's. mostly sunny skies. a few more cards towards dinnertime. 87, are running high temperature for this afternoon. clouds building in after 9:00 p.m., and the dew point will be increasing. this storm system is approaching from the west which could mean rain chances tomorrow and more humidity. more in a few minutes. ♪ >> just like that, it is over. cannot believe it. the lender the olympic games close less side with a ceremony that emphasized the history of british music and culture. it was an incredible two weeks for not only teen usa but athletes around the world. tracie potts has a look back at some of the memorae
lawmakers are considering a new commuter tax that would start taxing those that live in another state and work in d.c. one representative is strongly against the attack. officials say the tax could generate more than $1 billion in revenue each year. >> well, it has turned out to be a pleasant day. much lower humidity is a big part of that. currently 83 degrees at bwi. the humidity down to about 42%. winds calm. high pressure in control. expected temperatures in the mid-80's. mostly sunny...
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Jul 28, 2012
07/12
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KGO
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but the government accused him of pornography and tax evasion and held him for 81 days. when he was finally released, he was shaken. >> you can't talk? you're not allowed to talk. >> i'm on probation. >> more than a year after he returned home, it's still hard to talk about. >> you have no lawyer. you cannot contact your family. you believe your story will never be heard. >> but it was. thousands of chinese fans donated more than $1 million towards his $2.4 million tax fine. after his release, ai weiwei returned to twitter and to his studio. he's biggest insent sieve for staying out of trouble a three--year-old son he adores. he says he won't stop his fight until after the beating, after the detainment. none of this has stopped you. >> i don't think they can win. i never think they can win. not a second. >> reporter: why not? >> i think people's desire for liberty, for happiness, for freedom, nobody can stop it. >> reporter: for that, ai weiwei is never sorry. for "nightline," i'm gloria riviere ra in beijing. >> our thanks to gloria. ai weiwei never sorry, opens in sele
but the government accused him of pornography and tax evasion and held him for 81 days. when he was finally released, he was shaken. >> you can't talk? you're not allowed to talk. >> i'm on probation. >> more than a year after he returned home, it's still hard to talk about. >> you have no lawyer. you cannot contact your family. you believe your story will never be heard. >> but it was. thousands of chinese fans donated more than $1 million towards his $2.4 million...
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Nov 24, 2012
11/12
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FBC
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eye 116
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tax giving tax cuts to people --out melissa: talking about raising a taxes, i agreegr with you. we have to have people investing, buying, so raising taxes on anyone is then super i crazy. >> yeah, buts if you take tax increases on people spendingss less because they already got af whole bunch of money and investing in ways to get people who do not have as much to spend more, that's efficient. that makes sense. go ahead.ney. melissa: rich people spend a lot of money. >> they have the money, they are spending it.they they will not spend less because they have a marginal tax rate increase. it's not like all the sudden, you know, bloomberg or romney says we can't go to dinner next week. they will still spend money. it's a matter of saying how doho we get people who are not at that level to have conditions where th can spend. melissa: in the 80s, they lower tax rates issue and revenues go up, and revenues, 1981 to 1988, from $599 billion to $909 # billion. i'm just saying if the problem's revenue and you want more money in treasury, there seems that's a period of time we did it ti de
tax giving tax cuts to people --out melissa: talking about raising a taxes, i agreegr with you. we have to have people investing, buying, so raising taxes on anyone is then super i crazy. >> yeah, buts if you take tax increases on people spendingss less because they already got af whole bunch of money and investing in ways to get people who do not have as much to spend more, that's efficient. that makes sense. go ahead.ney. melissa: rich people spend a lot of money. >> they have the...
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Aug 10, 2012
08/12
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WBAL
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raise taxes and gaming? i just don't get this. >> i again, a final vote in the senate is expected this evening. they are heading back to their chamber right now. >> thank you very much. a child accidentally shot himself with a gun he reportedly found in a parking lot. authorities say the 3-year-old and his 7-year-old sister were in the parking lot playing when they found the gun. it discharged and struck the boy in the chest. we cannot have an update on the young boy's condition and the investigation is ongoing. >> new details are coming up with the police-involved fatal shooting. they say they were forced to open fire at percy holland who was holding a woman hostage after kidnapping their child. according to charging documents, holland had been threatening to shoot police and himself, claiming that he had a gun. that is when an officer shot and killed holland. and a maryland child support enforcement officer receives a threat referencing the colorado shooting. he called the office threatening to kill the em
raise taxes and gaming? i just don't get this. >> i again, a final vote in the senate is expected this evening. they are heading back to their chamber right now. >> thank you very much. a child accidentally shot himself with a gun he reportedly found in a parking lot. authorities say the 3-year-old and his 7-year-old sister were in the parking lot playing when they found the gun. it discharged and struck the boy in the chest. we cannot have an update on the young boy's condition and...
WHUT (Howard University Television)
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Aug 10, 2012
08/12
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WHUT
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some voters fear raising taxes could stifle consumption. increased taxes are necessary to bring japan back towards financial held. >>> singapore celebrated 40 years of independence on thursday. they held its parade. china continues its military build up. >> here they come. >> reporter: singapore achieved independce in 1965. the military parade is held every year on the nineth of august. the 47th parade showcased state of the art fighter flights and high speed. singapore has one of the largest militaries in the southeast asian region. defense spending accounts for 25% of the national budget. the latest tops $9.8 billion. this is 1.5 times the level of ten years ago. china is moving ahead with its military build up and is a growing presence in asian waters. singapore is strengthening its relationship with the u.s. which has moved its strategic focus to the asia pacific region. in june, a u.s. request to deploy cutting edge literal compact ships to the country on the rotational basis. a professor at the u.s. naval war college says the deployme
some voters fear raising taxes could stifle consumption. increased taxes are necessary to bring japan back towards financial held. >>> singapore celebrated 40 years of independence on thursday. they held its parade. china continues its military build up. >> here they come. >> reporter: singapore achieved independce in 1965. the military parade is held every year on the nineth of august. the 47th parade showcased state of the art fighter flights and high speed. singapore has...
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back in those taxpayers made up the other two percent there was some hidden tax fact of tax increases in that do it at that time no bailing out they were the big banks of hidden ways. that we always have when you get there's should be a good separation between the state doing its job and the various agencies the fed should be independent the statistical collection agency should be independent and i would say the finance and business sector should be. separated so america hasn't actually two thousand and eight bank and credit issues. in one thousand i believe was sixty we did not have a credit card they had to pass some special legislation and that and then the water and then over time they become quite important you can get about six or ten of them with the introductory offers the very low interest rates and people just pull them over some of the real say was finance the way it was long as the price of real say was going up these people did great. but things can't keep going up and that. only how much. to blame for the mess the world economy is in on natural law even we even need bank
back in those taxpayers made up the other two percent there was some hidden tax fact of tax increases in that do it at that time no bailing out they were the big banks of hidden ways. that we always have when you get there's should be a good separation between the state doing its job and the various agencies the fed should be independent the statistical collection agency should be independent and i would say the finance and business sector should be. separated so america hasn't actually two...
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of course as a patient go ernst the people who are working you know only people who are working pay taxes and so if the government is going to have all of these big society simply programs people have to be working to pay taxes and if they're not in the money's not there or to be able to sundays things are best that's at the end of the day were a big problem is right now along those lines of mohamed el area and the c.e.o. of pimco is writing about the jobs numbers on friday saying you know during a recession people cut and so after that they had to do some hiring to to catch up but now he's looking at this in terms of future employment how people are thinking about the future and there's a lot of uncertainties about why companies even though they have cash they're not hiring people do you agree with that and do you think it has to do with fiscal uncertainty over what the government will do about the death as you think the debt overhang is the biggest issue i think it's it's essentially all of the issues that we have right now we go the health care law which is increasing dramatically for
of course as a patient go ernst the people who are working you know only people who are working pay taxes and so if the government is going to have all of these big society simply programs people have to be working to pay taxes and if they're not in the money's not there or to be able to sundays things are best that's at the end of the day were a big problem is right now along those lines of mohamed el area and the c.e.o. of pimco is writing about the jobs numbers on friday saying you know...
SFGTV2: San Francisco Government Television
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Mar 14, 2012
03/12
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SFGTV2
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eye 241
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hotel tax, partly thanks to the remodeled marriott hotel, taxes are up. what is interesting -- you are real-estate-centered people. many of those 2000 permits that are waiting for the economy to come up for business -- many of those people who have already gotten their permits approved for about 5000 new units are coming in to modify them, partly in reaction to the business climate. when we were in the middle of the condo boom, everybody thought they were going to make a fortune. they are coming back to modify them for a stable mix for the future of the city -- for office space, some rental, as well as condos. they are moving in now. they are planning to move with construction before their permits run out in the next year or so.
hotel tax, partly thanks to the remodeled marriott hotel, taxes are up. what is interesting -- you are real-estate-centered people. many of those 2000 permits that are waiting for the economy to come up for business -- many of those people who have already gotten their permits approved for about 5000 new units are coming in to modify them, partly in reaction to the business climate. when we were in the middle of the condo boom, everybody thought they were going to make a fortune. they are...
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Jun 20, 2012
06/12
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CSPAN2
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eye 143
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can the foreign secretary made clear -- that the government will be equally robust in rooting out tax avoidance by the corporate sector who do jobs for government or are employed by the government? >> yes absolutely. i won't mention to the deputy prime minister his slip. it's entirely between ourselves. and these four walls. yes, absolutely. the chancellor set out very clearly in the budget is absolute determination to deal with tax avoidance, and to do so without warning in future. and i know the chancellor if he was you, he would say that that applies to the corporate sector as well. >> close question. >> number eight. [inaudible] >> the government believes it is not reasonable or fair that he should receive a greater benefit for benefits them working households. some cases it can be more than double the household income. and our changes will mean no famine on the to earn more than a working families average dollar, 26,000 pounds a year or couple and single parent household. this strikes the right of between supporting families and providing incentives to work. >> mr. speaker, -- [i
can the foreign secretary made clear -- that the government will be equally robust in rooting out tax avoidance by the corporate sector who do jobs for government or are employed by the government? >> yes absolutely. i won't mention to the deputy prime minister his slip. it's entirely between ourselves. and these four walls. yes, absolutely. the chancellor set out very clearly in the budget is absolute determination to deal with tax avoidance, and to do so without warning in future. and i...
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Jul 24, 2012
07/12
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KRCB
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>> right. >> rose: bush tax cuts. he is not prepared to do that for tax cut for people above $250,000. >> that's right. >> patty merius stepped forward and said perhaps we should let them both ex-point and see what the republicans do, is that a good idea? >> we have heard just to be fair in the debate you heard a lot of republicans say the same thing, they say, you know, we can't ever vote for a tax increase, so let something expire and vote for a tax cut, but that is an unavoidable option, outcome for e uned states, notrom - what weant to d is ain bring both sides together and try to negotiate a carefully designed balance, mix of tax reforms and spending savings so that we bring those, and increase, create some room for us to invest in infrastructure, education indication, things important for the long run and our challenge in this area are very manageable challenges, relative to what almost any major economy around the world is facing on the fiscal side, but we can't put them off forever, how we do them is very impo
>> right. >> rose: bush tax cuts. he is not prepared to do that for tax cut for people above $250,000. >> that's right. >> patty merius stepped forward and said perhaps we should let them both ex-point and see what the republicans do, is that a good idea? >> we have heard just to be fair in the debate you heard a lot of republicans say the same thing, they say, you know, we can't ever vote for a tax increase, so let something expire and vote for a tax cut, but that...
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as corporation tax receipts plunged partly due to the closure of the elegant gas field in the north sea the elegant gas field design led to the elegant marbles that were stolen when a minute so yeah the gas is shockingly less this year than last year the north sea oil because they're in huge decline is one of the big fields in the world of rapid decline because you know oil fields have a lifespan this one is past fresh sell date well there are three fold there's a rapid decline there was a gas leak from i think those totals field that when they shut that down for months on end and also there was a corporation tax introduced as part of the austerity measures last year in the two thousand and eleven budget by george osborne north sea oil tax revenues fall offers a glimpse into a diminishing future so last year george osborne slapped a two billion pound tax rise on producers which was only an eighty percent tax free you know we invade countries if they raise their taxes of thirty five forty percent so in his most recent budget the chancellor revealed that the oil industry responded by
as corporation tax receipts plunged partly due to the closure of the elegant gas field in the north sea the elegant gas field design led to the elegant marbles that were stolen when a minute so yeah the gas is shockingly less this year than last year the north sea oil because they're in huge decline is one of the big fields in the world of rapid decline because you know oil fields have a lifespan this one is past fresh sell date well there are three fold there's a rapid decline there was a gas...
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Oct 1, 2012
10/12
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CSPAN
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eye 194
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because as liberals, we want to see the tax on work reduced, the tax on unearned wealth increased, and the system as a whole tilted in favour of those on low and middle incomes. the budget delivered all three. but let me make one thing clear, now that we have brought the top rate of tax down to 45p -- a level, let's not forget, that is still higher than throughout labour's 13 years in office -- there can be no question of reducing it further in this parliament. [applause] all future cuts in personal taxation must pass one clear test, do they help people on low and middle incomes get by and get on? it's as simple as that. at the next election, all parties will have to acknowledge the need for further belt tightening. that much is inescapable. but the key question we will all have to answer is who will have to tighten their belts the most? our position is clear. if we have to ask people to take less out or pay more in, we'll start with the richest and work our way down, not the other way around. we won't waver in our determination to deal with our debts. but we will do it in our own way,
because as liberals, we want to see the tax on work reduced, the tax on unearned wealth increased, and the system as a whole tilted in favour of those on low and middle incomes. the budget delivered all three. but let me make one thing clear, now that we have brought the top rate of tax down to 45p -- a level, let's not forget, that is still higher than throughout labour's 13 years in office -- there can be no question of reducing it further in this parliament. [applause] all future cuts in...
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Apr 30, 2012
04/12
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WJLA
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"the new york times" reports that apple cuts its tax bill by putting some operations in low tax states and foreign country. >>> overseas markets were mostly up overnight. tokyo's nikkei average was closed for a holiday. today, hong kong's hang seng added 322 points. in london, the ftse opened higher. on wall street, the dow gained 199 points. the nasdaq was up 69. >>> google reportedly looked the other way. they have blamed a lone engineer for harvesting data. they say management knew data was being collected and aloud it to be corrected for two years. google said it was inadvertent. >>> a surprise at the movie box office this weekend. the emessentialable comedy "think like a man" was at number one for the second weekend. it beat four new films, including "the pirates, band of misfits" and "the lucky ones." >>> disney's "the avengers" doesn't open here until friday. it set records over the week end in other countries though. they took in $178 million. it could be the first blockbuster of the summer season, that kicks off this weekend. i'm going to see that. >> i bet you are. they need
"the new york times" reports that apple cuts its tax bill by putting some operations in low tax states and foreign country. >>> overseas markets were mostly up overnight. tokyo's nikkei average was closed for a holiday. today, hong kong's hang seng added 322 points. in london, the ftse opened higher. on wall street, the dow gained 199 points. the nasdaq was up 69. >>> google reportedly looked the other way. they have blamed a lone engineer for harvesting data. they...
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Nov 19, 2012
11/12
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CSPAN
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eye 48
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that cluster, especially around funds management, plus the tax and charity ball make london a great place to be a philanthropist, to manage philanthropic funds. i will manage at the center for philanthropy. this will include social finance, a potentially huge new market, using some of the brilliant and innovative and creative tools to create financial and social returns. this is happening through big society capital based here in the city. charities issuing bonds. the division of the charities aid foundation, leveraging finance for charities and the funds established by major city players like to deutsche bank, hsbc, and most recently by a private bank. this is about bringing together business and social needs in a new way. it is about creating a vibrant social finance market here in the uk. the market that can be a world leader and a great example of a healthier capitalism. good for the city and society. i believe passionately that the city services and our business culture are crucial to the security and happiness of our whole society of which we are apart. we are not as john donne wrot
that cluster, especially around funds management, plus the tax and charity ball make london a great place to be a philanthropist, to manage philanthropic funds. i will manage at the center for philanthropy. this will include social finance, a potentially huge new market, using some of the brilliant and innovative and creative tools to create financial and social returns. this is happening through big society capital based here in the city. charities issuing bonds. the division of the charities...
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177
Jul 21, 2012
07/12
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KCSM
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eye 177
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ion of china's most prominent social critics and has had repeated run into authorities. >> eases the tax case ain him is politically motivated in part of the government's attempts to silence him. >> roads leading to the beijing cot us we ocd. but numerous and journalists from abroad as well as locals turned out. similar scenes around ai iwei's house. police saw protesters. the artist was not allotted to the trial. hisifin front of the outcome by phone. >> today's verdict means that in china, the truth is not respected authorities to not ve tpars or citizens the right to defend themselves. the legal system is in a dark state. >> a court on friday upheld a 2.4 million dollar fine for tax evasion. during the trial, ai was held for three mthatn undisclosed location. he says the government is trying to muzzle his criticisms of corruption and human rights abuses in cna. his 2009 peace, remembering, is about the death of students in shoddi built schools that collapsed during the 2008 sichuan earthquake. his lawyer said the authority's board relevant testimo and evidence in their case against ai
ion of china's most prominent social critics and has had repeated run into authorities. >> eases the tax case ain him is politically motivated in part of the government's attempts to silence him. >> roads leading to the beijing cot us we ocd. but numerous and journalists from abroad as well as locals turned out. similar scenes around ai iwei's house. police saw protesters. the artist was not allotted to the trial. hisifin front of the outcome by phone. >> today's verdict means...
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Jul 25, 2012
07/12
by
COM
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. >> they did it with hard work, a little bit of luck and almost a million bucks in tax free government loans but mostly hard work. and romney is not the only one treating this campaign like a year-long opposite day. obama is accusing romney of discriminating against gays who want to adopt kids when what romney said was this. >> in my state individuals of the same sex were able to adopt children. in my view it's something which people have the right to do. >> you don't need to lie to make romney look anti-gay. it's unnecessary. it's line katy perry adding fireworks to her breasts. we were already looking at them. [cheers and applause] but the romney campaign understands that the key to any good lie is specificity. >> whywhere did the obama stimulus money go? electric cars from finland. >> electric cars from finland? i'd say that you can't make that (bleep) up but they did it. [ laughter ] the money didn't come from the stimulus. the loan program was started by bush and i it wasn't for building electric cars from finland. it was for engineering jobs in the u.s. but the point is electric
. >> they did it with hard work, a little bit of luck and almost a million bucks in tax free government loans but mostly hard work. and romney is not the only one treating this campaign like a year-long opposite day. obama is accusing romney of discriminating against gays who want to adopt kids when what romney said was this. >> in my state individuals of the same sex were able to adopt children. in my view it's something which people have the right to do. >> you don't need to...
SFGTV2: San Francisco Government Television
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112
Apr 24, 2012
04/12
by
SFGTV2
tv
eye 112
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hotel tax, partly thanks to the remodeled marriott hotel, taxes are up. what is interesting -- you are real-estate-centered people. many of those 2000 permits that are waiting for the economy to come up for business -- many of those people who have already gotten their permits approved for about 5000 new units are coming in to modify them, partly in reaction
hotel tax, partly thanks to the remodeled marriott hotel, taxes are up. what is interesting -- you are real-estate-centered people. many of those 2000 permits that are waiting for the economy to come up for business -- many of those people who have already gotten their permits approved for about 5000 new units are coming in to modify them, partly in reaction
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88
Nov 14, 2012
11/12
by
FBC
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they think the country will deal with tax reform in the coming year. and they think they agreed on this issue about the ratings downgrade. i don't agree with that. liz: if you look back to your ago august, isn't that spark plug already blown, and your split ratings idea means the fact the we have seen it makes it so much less shocking. charlie: may be shocking but there is a reality that when you are no longer aaa credit, and you are no longer aaa and people -- and predict the future. and it is corporate bonds. municipal-bond soften price of of a spread of of aaa. and that is the difference and has an impact on the market. those financial products have to be repriced. there's a greater degree of uncertainty. the first wasn't so bad because it was this list and you go higher i think will happen, this could be something you as an investor pay attention to. it is no longer split. below triple-a-rated country. and that as a financial impact. liz: he has a number. he already forgot. liz: 29 minutes before the closing bell, shares of network equipmentmaker c
they think the country will deal with tax reform in the coming year. and they think they agreed on this issue about the ratings downgrade. i don't agree with that. liz: if you look back to your ago august, isn't that spark plug already blown, and your split ratings idea means the fact the we have seen it makes it so much less shocking. charlie: may be shocking but there is a reality that when you are no longer aaa credit, and you are no longer aaa and people -- and predict the future. and it is...
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rates that taxing people and taxing corporates to death i think that's more the type of you know ny met style of communism that people will usually tend to associate with communism so i think that's one of the major problems that totally irresponsible leaderships and bureaucrats in the eurozone that really make business they have very very very difficult even though more and more for germany as well and so i think germany would be it would be very valid wise to leave soon and then of course you have also got all these problems that a lot of people don't really seem to want to work very hard you know in the eurozone in particular in this else do you want jump in london. no i just have one question than the fact of the matter is though even when you look at disparity of wealth or the etiology of socialist government communist government does not realize by these countries in fact is realized by countries like nordic nations or japan which basically is based on liberal type of capitalism we're the world's disparities a lot narrower than a lot of these countries and longer to view your
rates that taxing people and taxing corporates to death i think that's more the type of you know ny met style of communism that people will usually tend to associate with communism so i think that's one of the major problems that totally irresponsible leaderships and bureaucrats in the eurozone that really make business they have very very very difficult even though more and more for germany as well and so i think germany would be it would be very valid wise to leave soon and then of course you...
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a tax on aur growth and-- >> lets me see if i understand this professor. our lack of growth is directly related to the fact that we have massive deficit? >> 100% so, my friend. >> neil: certainly compounding. >> and with our tax system nothing to do with-- >> how do you think that's getting worse? >> oh, come on, it's not directly-- >> oh, my god. >> we have a lack of growth. >> dagen, please, please. >> and it does not-- >> i'm going to cut your mic. >> aim blue in the face, but congress and lawmakers will not do jack-all to fix this debt situation until interest rates start skyrocketing and the very interest on the existing debt becomes so burdensome to 0 this nation you can't grow and barely make your payments. >> and paul ryan has got a plan right now. i tell you considering the fact we're the tallest in the room, that's not going to happen soon. >> now we are a going to alienate midgets. when we come back, and clearly, money is not buying us love. why are we putting down a deposit down on their hate? i'm so glad you called. thank you. we're not in lon
a tax on aur growth and-- >> lets me see if i understand this professor. our lack of growth is directly related to the fact that we have massive deficit? >> 100% so, my friend. >> neil: certainly compounding. >> and with our tax system nothing to do with-- >> how do you think that's getting worse? >> oh, come on, it's not directly-- >> oh, my god. >> we have a lack of growth. >> dagen, please, please. >> and it does not-- >> i'm...
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01/12
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ail consumption tax hike will lead to a fall in tax revenues. >> in the meantime nissan motors chief operating officer expressed concerns about the strong yen and its impact on jobs and wages. he said the biggest challenge will be to stop manufacturers moving their operations out of japan. >>> japan's leading department stores got off to a good start in the new year. sales were strong through wednesday. they saw sales rise by about 4% from a year ago at its main stores in the tokyo area. daimaru showed an increase of 3.6%. soga a rise of 2%. department store operators say that sales of new year's grab bags priced between 130 and $260 rose. these bags contain surprises such as women's clothing and food. looking ahead the operators are not so optimistic. they say the continued strong yen and uncertain outlook may work against consumer spending. >>> personal consumption is key to forecasting. consumer spending plunged last year right after the march 11th disaster, but it has been recovering since. today we talk about a new shift in spending hablts among japanese people. on our guest is
ail consumption tax hike will lead to a fall in tax revenues. >> in the meantime nissan motors chief operating officer expressed concerns about the strong yen and its impact on jobs and wages. he said the biggest challenge will be to stop manufacturers moving their operations out of japan. >>> japan's leading department stores got off to a good start in the new year. sales were strong through wednesday. they saw sales rise by about 4% from a year ago at its main stores in the...
SFGTV2: San Francisco Government Television
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Mar 16, 2012
03/12
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we will give discounts in our business tax and our sales tax. we have a pretty active enterprise zones. we have rearranged and reorganized all our economic development services so we can maintain them despite the loss of redevelopment. oakland is open for business. we welcome you. our weather is better. we have great restaurants. we hope you will join us in a city we really, really love. we do not think we are second to anyone. san francisco is often known as the kansas city. -- as the can-do city. we also believe we are a can-do city. our futures are so links to each other that we will rise and fall together. thank you for coming, so many of you who did come. please join us on a first friday, and join us for some of the best art galleries and restaurants. it is basically a party downtown. if you are coming early, give my office a call. we pour a little bit of wine on the first friday and invite you to stop by the mayor's office, if you are looking for real estate. fred can help you any time. we often will show people around on first fridays. >>
we will give discounts in our business tax and our sales tax. we have a pretty active enterprise zones. we have rearranged and reorganized all our economic development services so we can maintain them despite the loss of redevelopment. oakland is open for business. we welcome you. our weather is better. we have great restaurants. we hope you will join us in a city we really, really love. we do not think we are second to anyone. san francisco is often known as the kansas city. -- as the can-do...